What is SMIC?

SMIC was established as an exempted company under the laws of the Cayman Islands on April 3, 2000 by Richard Chang (Chinese: 張汝京), a Chinese-American entrepreneur who had previously worked at Texas Instruments and Taiwan Semiconductor Manufacturing Corporation (TSMC).

How many SMIC wafer fabrication facilities are there?

SMIC has three 8-inch wafer fabrication facilities (fabs) and three 12-inch fabs in Shanghai, Beijing, Tianjin and Shenzhen, and three 12-inch fabs under construction in Shanghai, Beijing and Shenzhen.

What is SMIC’s net worth?

In 2018, SMIC had gross profits of $747 million and net profits of $149, with $3.6 billion in revenues. It apparently spend around $550 million on research and development, or about 16 percent of sales.

Where are SMIC phones made?

SMIC was founded on April 3, 2000, and is headquartered in Shanghai. It was incorporated in the Cayman Islands as a limited liability company. It quickly built a fully-owned plant in Shanghai, acquired a Motorola plant in Tianjin, and then began to build a fully-owned plant in Beijing.